Technical Analysis (Silver) : XAG/USD 1 July 2020

1 July 2020 Analysis (Forex, CFDs, Cryptocurrency)CFDs (Gold & Silver)XAG/USD (Silver)

Forex Technical Analysis : XAGUSD 1 July 2020

Forex Technical Analysis : XAGUSD (Silver)

Date : 1 July 2020

Pivot point : 18.0700

Our preference : long positions above 18.0700 with targets at 18.3200 & 18.5000 in extension.

Alternative scenario : below 18.0700 look for further downside with 17.9000 & 17.7600 as targets.

Comment : the RSI is mixed to bullish.

Supports and resistances :

18.6800 **
18.5000 *
18.3200
18.2100 – Last price
18.0700
17.9000 *
17.7600 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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